For Sale
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Property summary
This exceptional investment opportunity presents a fully operational, 1,672 square foot daycare center in Waterford Township, Michigan. Located on a 0.51-acre lot at 4430 Elizabeth Lake Rd, 48328, this single-story, Class B building boasts 13 parking spaces and underwent a complete renovation in 2017. Currently operating at 100% occupancy with a significant waiting list, the center caters to children aged birth to 12 years, offering daycare, preschool, after-school programs, and tutoring. The facility features separate areas designed for infants, toddlers, and preschoolers, fostering customized developmental experiences. Its progressive curriculum emphasizes STEAM (Science, Technology, Engineering, Arts, Mathematics) learning through project-based activities. The center utilizes Kinderlime, an app providing real-time updates and secure webcam access for parents. The asking price is $319,000 ($190.79/sq ft), and the property includes the real estate, business, and furniture, fixtures, and equipment (FF&E). The permitted zoning is BI. This is a high-demand facility with a 30-child capacity, representing a strong and stable investment in a growing community. Built in 1954, this turnkey operation offers immediate income potential and significant long-term growth prospects.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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Cap rate
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Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
BI · Waterford, MIZoning
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Zoning designation
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